Heritable Office Building with Development Potential (Subject to Planning)
Well Located in the West End of Aberdeen
Traditional Office Building with Nearby Occupiers including Stronachs, Genesis Energies, Hall Morrice LLP
Potential Residential Redevelopment Opportunity (Subject to Planning)
B Listed Building
Lot 44
Auction 9th May 2024
Vacant Possession
Status Available
Guide* £450,000
Sector Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
67 miles north of Dundee
Roads
A90, A96
Rail
Aberdeen (2 hours 25 minutes to Edinburgh Waverley)
Air
Aberdeen Airport (6 miles west)
Situation
Queen’s Terrace is located in the heart of the West End office district on the north side of Queen’s Terrace, providing views over Queen’s Terrace Gardens. Set back from Albyn Place, Queen’s Terrace is located within the Albyn Place / Rubislaw Conservation Area. Queen's Terrace is located close to the western end of Union Street and within 1 mile of Aberdeen train and bus stations.
Tenure
Heritable.
Location
Miles
67 miles north of Dundee
Roads
A90, A96
Rail
Aberdeen (2 hours 25 minutes to Edinburgh Waverley)
Air
Aberdeen Airport (6 miles west)
Situation
Queen’s Terrace is located in the heart of the West End office district on the north side of Queen’s Terrace, providing views over Queen’s Terrace Gardens. Set back from Albyn Place, Queen’s Terrace is located within the Albyn Place / Rubislaw Conservation Area. Queen's Terrace is located close to the western end of Union Street and within 1 mile of Aberdeen train and bus stations.
Tenure
Heritable.
Description
3 Queen's Terrace is a traditional mid terrace granite townhouse building. The property is planned over four floor and has been extended to the rear and provides large open plan offices but with cellular offices to the front of the property. The property benefits from a passenger lift and is currently linked at ground and first floor levels with 2 Queen's Terrace, which is also being offered for sale separately as Lot 43.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
3 Queen's Terrace is a traditional mid terrace granite townhouse building. The property is planned over four floor and has been extended to the rear and provides large open plan offices but with cellular offices to the front of the property. The property benefits from a passenger lift and is currently linked at ground and first floor levels with 2 Queen's Terrace, which is also being offered for sale separately as Lot 43.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Basement Ground First Second
Office Office Office Office
276.45 261.67 268.69 253.00
(2,976) (2,817) (2,892) (2,723)
Total
1,059.81
(11,408)
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
